Sky Quarry Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Sky Quarry Inc. (Nasdaq: SKYQ) on August 21, 2026, reporting events occurring on August 18, 2026. The filing addresses the appointment of a new Chief Financial Officer and the associated compensatory arrangements.
Key Financial Metrics
The filing does not provide financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on executive compensation terms.
- Base Salary: $18,500 per month for the new CFO.
- Bonus Structure: Eligible for quarterly bonuses (cash, equity, or combination) at the discretion of the Compensation Committee.
- Equity Awards: Subject to the 2026 Omnibus Stock Plan.
Material Changes
The primary material change is the appointment of Heidi C. Bowman as Chief Financial Officer, effective August 18, 2026. Ms. Bowman reports to the Chief Executive Officer. Her employment is at-will, terminable by either party with at least thirty days' prior written notice.
Management Commentary and Risks
Management highlights Ms. Bowman's over 20 years of experience in strategic finance, private equity, real estate, logistics, and oil and gas. She previously served as CFO for Hillair Capital and various portfolio companies. The filing notes there are no family relationships between Ms. Bowman and existing directors or officers requiring disclosure under Item 404(a) of Regulation S-K.
Investor Verification Checklist
- Review the full text of the Employment Offer Letter filed as Exhibit 10.1 for complete terms.
- Verify the terms of the 2026 Omnibus Stock Plan regarding equity-based awards.
- Confirm the current status of the Interim Chief Executive Officer, Marcus Laun, and the timeline for a permanent CEO appointment.
- Check subsequent filings for the first quarterly bonus payout details and any equity grant specifics.